Cutting through the politics of tax reform
As Americans begin to file their last returns under a fading tax system, as President Donald Trump concludes his first State of the Union with a great emphasis on the economy, as the world watches this country undergo tectonic changes, it’s time to cut through the politicking and positioning. Washington University in St. Louis compiled researchers and experts across campus to attempt to put the new tax reform into perspective, plainly speaking.
Republican Congress got tax bill victory, but at what price?
Congressional Republicans agree on tax cuts more than they agree on nearly any other issue. Tax cuts have been central to Republican economic policy since the mid-20th century.
CEOs didn’t ask for this, but they’ll take it to the bank, shareholders
It’s curious that we heard very little from the C-Suite in the deliberations leading up to the Dec. 22 signing of the Tax Cuts and Jobs Act. What makes this curious is that the goal of the act was to increase GDP growth above 3 percent by stimulating corporate investments to increase productivity, but no one seemed to be asking CEOs whether the tax cut would have that effect.
CEOs didn’t ask for this, but they’ll take it to the bank, shareholders
Much of the debate over the Tax Cuts and Jobs Act focuses on whether Congress favors rich corporations over poor people. But an expert on tax law at Washington University in St. Louis asks, what about poor corporations?
Plan will reduce the allure of home ownership
Overall, aspects of the tax-reform package will reduce the attractiveness of home ownership and mortgages, and it may even adversely affect home prices going forward.
Working with emotions
Hillary Anger Elfenbein, an organizational behavior expert, studies emotions in the workplace — how easy they are to miss or misinterpret, and how they impact performance.
All Black Friday deals are not created equal
Spend $200 on a great Christmas gift at the big box store and get a $50 gift card. Sounds like a great offer. It may, in fact, entice you to spend more than you normally would, warns a marketing expert at Washington University in St. Louis.
The remaking of Wall Street
Private equity firms are more financially stable and pose less systemic risk to the global economy than the large investment banks that went defunct during the financial crisis of 2007-2009, finds a new analysis by a financial regulation expert at the School of Law.
Setting records in innovation, entrepreneurship
During the past fiscal year, the Washington University in St. Louis Office of Technology Management reported a number of record figures as a result of the innovative technologies developed by university faculty.
Starting up in St. Louis
Business Insider recently reported that St. Louis is the best city for Millennials due to its low cost of living and lifestyle. Zoë Scharf, BFA ’11, co-founder of the start up Greetabl, wants to add one more reason to the list: the city’s great start-up scene.
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